Midstream
![Midstream](/cache/2016/08/Thailand-2.e63d8fc4.jpg)
2016, August, 19, 18:45:00
THAILAND'S LNG WILL UP
Thailand's largest energy firm PTT Pcl plans to import at least 5 million tonnes of liquefied natural gas (LNG) in 2017, up from 3 million tonnes this year as local gas production fades.
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2016, August, 18, 18:40:00
S.KOREA'S OIL UP 4.5%
The world's fifth-largest crude importer has continued to buy more crude oil from Iran since sanctions were lifted in January. Shipments of Iranian crude more than doubled to 7.22 million tonnes, or 248,616 bpd, in the January-July period of 2016 from a year earlier, according to its customs office data.
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2016, August, 17, 18:30:00
INDIA SAVES $3 BLN
India will save about Rs 20,000 crore ($3bn) as it has renegotiated a long-term LNG import deal with Qatar, Prime Minister Narendra Modi said on Monday.
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2016, August, 15, 18:45:00
TURKEY WANTS IRANIAN GAS
Turkey wants to buy more natural gas from Iran and has discussed pricing issues, Foreign Minister Mevlut Cavusoglu said on Friday, adding that Ankara and Tehran should resolve a dispute on gas prices without arbitration.
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2016, August, 12, 18:40:00
TURKISH STREAM'S PLAN
Russia’s president Vladimir Putin said there were no doubts that Turkish Stream will happen and work could start soon. He was speaking at a joint press conference with Turkey’s president Recep Tayyip Erdogan August 9.
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2016, August, 12, 18:30:00
PETROVIETNAM'S REVENUE $11.3 BLN
The group exploited 10.32 million tons of crude oil and 6.56 billion cubic metres of gas in the first seven months.
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2016, August, 11, 18:45:00
U.S. EXPORTS UP TO 9%
In the first five months of 2016, U.S. crude oil exports averaged 501,000 barrels per day (b/d), 43,000 b/d (9%) more than the full-year 2015 average.
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2016, August, 11, 18:40:00
GAZPROM SALES UP TO 49%
Gazprom's sales volume to its core ‘Europe and other’ markets in 1Q grew by 49% to 58.1bn m³, an increase of 19bn m³ on 39.1bn m³ in January-March 2015. Sales to former Soviet countries declined by 15.5% (by 2bn m³) to 10.9bn m³, while those in Russia declined more modestly to 75.4bn m³, just 6% or 4.9bn m³ less than in 1Q 2015.
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2016, August, 10, 18:35:00
FAR FROM TURKISH STREAM
Turkey is Gazprom's second biggest export market after Germany. In 2015 Gazprom exported about 27bn m3 of gas to Turkey. Currently Russian gas is exported to Turkey via the Blue Stream gas pipeline and the Trans Balkan gas pipeline.
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2016, August, 9, 18:35:00
IRAN - INDONESIA COOPERATION
Indonesia is looking to increase imports of LPG, petrochemical products and crude oil from Iran in the near future. Earlier this year, Indonesia inked a deal to buy LPG from Iran.
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2016, August, 9, 18:30:00
IRAN-PAKISTAN GAS PIPELINE
Iran has already built 900 km length of the pipeline on its territory while Pakistan still has to start work on the pipeline. Once the pipeline is operational, about 250 million cubic feet gas would be imported from Iran during first year, while in the second year the import of gas would be enhanced to 500 million cubic feet while in the third year 750 million cubic feet gas would be imported.
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2016, August, 8, 18:35:00
AZERBAIJAN & CHINA OPPORTUNITIES
China is a huge opportunity and a priority market for Azerbaijan. More than 50 agreements have been signed between the two countries so far. Azerbaijan Export and Investment Promotion Foundation has recently opened a representative office in China to support and encourage relations between the two countries' businessmen, as well as expand Azerbaijan's exports to the Chinese market and attract China's leading investment funds to the Azerbaijan economy.
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2016, August, 4, 18:50:00
IRANIAN GAS TO EUROPE
Ramezani told the Panel of Prospect of Gas Industry in Next Half a Century that the deal is expect to prepare the condition for export and shipment of gas to West Europe.
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2016, August, 3, 18:50:00
ROSNEFT & PDVSA STRATEGIC PARTNERSHIP
Crisis in the global energy industry provides a unique opportunity to expand Rosneft and PDVSA cooperation, which may have a substantial effect on the global oil markets balancing.
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2016, August, 2, 18:40:00
TAPI ACCELERATED
The $10bn Tapi project is aimed to carry 33bn m³/yr of gas to the participant countries by 2021. Ashgabat has an 85% stake in the challenging project, which equates to one third of the country's total yearly budget.